Market Analysis - Annual Report -April, 2020- Paracetamol

Analyst: Steven

1.Overview of the Current Market Situation

In April 2020, the price of paracetamol is stable, the main reasons are as follows

1.From the supply side, in April, mainstream domestic manufacturers of paracetamol have stable prices and factory orders have slowed down. At present, the delivery date has been arranged to the end of June and the beginning of July, and the factory mainly focuses on the delivery of orders in February and March.

2.From the upstream raw materials, the main raw materials for paracetamol in April, Anhui Bayi Chemical's 4-Aminophenol price is stable, without continuing to increase prices, the stability of the price of 4-Aminophenol promoted the stability of the price of paracetamol.

3.Downstream demand side, at present, the main procurement periods of major foreign markets in Africa, Southeast Asia are in February and March, customers in the above market areas are waiting for the pre-order shipment and don’t have demand in the short term. For South American there will be a small amount of demand market and high price acceptance.

4.DC90, DC96 and micro powder are affected by the price increase of paracetamol original powder, and the current price is also at a high level and needs to be customized.

2.Price Offer and Factory Operation

3.Market Forecast

The trend of paracetamol in April 2020 is just like the previous forecast, has already broken the 5USD / KG mark, The price is high. In May, the price of paracetamol is predicted to remain stable at 5.3USD / KG-5.5USD / KG, and there is a high probability that it will not continue to increase.